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Presidency says NCDMB, SON, OGFZA most transparent organisations in Nigeria

By Kingsley Jeremiah, Abuja 
31 August 2022   |   2:37 am
The Presidential Enabling Business Environment Council (PEBEC) in a new report released yesterday in Abuja said the Nigerian Content Development and Monitoring Board (NCDMB)

NCDMB. Photo: BUSINESSAMLIVE

The Presidential Enabling Business Environment Council (PEBEC) in a new report released yesterday in Abuja said the Nigerian Content Development and Monitoring Board (NCDMB), Standard Organisation of Nigeria (SON) and Oil & Gas Free Zones Authority (OGFZA) are the three most transparent and efficient organisations in Nigeria.

The report on the 2021/2022 Executive Order 001 (EO1) compliance ranked NCDMB top with 81.48 per cent, SON came second scoring 77.38 per cent while OGFZA followed with 75.80 per cent.

Special Adviser to the President, Ease of Doing Business/PEBEC Secretary, Dr Jumoke Oduwole, said Nigerian Export Promotion Council (NEPC) came fourth with 69.04 per cent followed by Federal Competition and Consumer Protection Commission (FCCPC) with 68.37 per cent to make up the top five organisations in compliance with the order. 

Oduwole, noted in a release that this is in keeping with its promise to track the ongoing compliance with the Executive Order on the Promotion of Transparency and Efficiency in the Nigerian Business Environment and to routinely document the impact of the PEBEC reform agenda.  

“On May 18, 2017, the Administration issued its first Executive Order, Executive Order 001 (EO1) on Transparency and Efficiency in the Business Environment. The Order is designed to strengthen the implementation of business climate reforms and to deepen collaboration among ministries, departments, and agencies (MDAs) by instituting a systemic change management process for reforms. EO1 mandates MDAs to submit monthly reports to the PEBEC Secretariat, the offices of the Head of Service (HOS) of the Federation, the Secretary to the Government of the Federation (SGF), and SERVICOM.

“Over the last five years, the PEBEC has consistently published an EO1 Compliance Report, which presents an empirical analysis of the monthly reports submitted by MDAs. An MDA’s overall EO1 performance score combines scores on Efficiency and Transparency measures at a ratio of 70% and 30% respectively. Efficiency measures an MDA’s compliance to service delivery timelines, as well as compliance with the Default Approval and One Government directives of the EO1. While Transparency is measured based on the existence of an updated website, an interactive online service portal, a detailed content of services, timelines, costs, statutory requirements, and customer service contact details,” she said.

Oduwole added that the 2021/2022 EO1 Compliance Report keeps faith with Federal Government’s commitment to track EO1 implementation, stressing at the results from the report demonstrate the need to deepen EO1 compliance across all MDAs as the stronger implementation of the Order would transform the Nigerian business environment, by delivering significant and measurable impact.